Displaying similar documents to “Rationality, property rights and thermodynamic approach to the market equilibrium.”

Equilibrium search model with endogenous growth rate of human capital

Wansheng Tang, Chi Zhou, Chaoqun Xiao, Ruiqing Zhao (2016)

Kybernetika

Similarity:

This article studies an equilibrium search problem when jobs provided by firms can be either unskilled or skilled and when workers differing in their education level can be either low-educated or high-educated. The structure proportion of jobs affects the equilibrium which indicates a threshold that can distinguish whether the equilibrium is separating or cross-skill. In addition, the cross-skill equilibrium solution implies the high-educated workers are more likely to obtain higher...

An equilibrium model for electricity auctions

Juri Hinz (2003)

Applicationes Mathematicae

Similarity:

This work discusses the process of price formation for electrical energy within an auction-like trading environment. Calculating optimal bid strategies of power producers by equilibrium arguments, we obtain the corresponding electricity price and estimate its tail behavior.

Economic system dynamics.

McCauley, Joseph L., Küffner, Cornelia M. (2004)

Discrete Dynamics in Nature and Society

Similarity:

Sur l'équilibre fort selon Berge

Moussa Larbani, Rabia Nessah (2010)

RAIRO - Operations Research

Similarity:

In this paper we study the main properties of the strong Berge equilibrium, then we prove a theorem of its existence based on the Ky Fan inequality and finally, we provide an algorithm for its determination.